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Ardmore Shipping Corporation

ASC Technical Analysis Summary (NYSE)

Analyze ASC on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ASC●NYSE
IndustrialsMarine Shipping
$18.44
$0.29(1.60%)
U.S. Market opens in 13h 41m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ASC Technical Analysis Summary (NYSE)

Ardmore Shipping Corporation (NYSE: ASC) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.72)
Trend Strength:Weak (ADX: 16.00)
Volatility:Medium (ATR: 0.60)
Support/Resistance:$17.40 – $19.22 (Bollinger Bands)

Technical conditions suggest Ardmore Shipping Corporation on the NYSE is awaiting a decisive move. This mix signals that Ardmore Shipping Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.72

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 43.47

Neutral
Mid-range signal with no clear trend.

Williams %R: -43.32

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.10

Bullish
Steady upward momentum.

Takeaway:Ardmore Shipping Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.00

Weak
Weak trend, market trading sideways.

ATR (14): 0.60

Low
Low volatility, stable price action.

CCI (14): -14.62

Neutral
Neutral, no strong directional signal.

Takeaway:Ardmore Shipping Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.22
Middle Band (SMA 20)
$18.31
Lower Band
$17.40
Current Position
Within Bands

Takeaway:Ardmore Shipping Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$19.37
Middle Line (EMA 20)
$18.16
Lower Channel
$16.95
Squeeze Status
Squeeze On

Takeaway:Ardmore Shipping Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume7.17M
Money Flow Index70.92Bullish, inflows support continued momentum.
Relative Vigor Index71.44Bullish, price momentum strongly favors buyers.

Overall Takeaway:ASC shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Ardmore Shipping Corporation (NYSE: ASC), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Ardmore Shipping Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: ASC) Technical Analysis FAQ